Assume that you have been given the following information on Purcell Corporation's call options:

Inputs	Intermediate Calculations
Current stock price = $14	d1 = 0.12559
Time to maturity of option = 9 months	d2 = -0.22082
Variance of stock return = 0.16	N(d1) = 0.54997
Strike price of option = $15	N(d2) = 0.41262
Risk-free rate = 7%

According to the Black-Scholes option pricing model, what is the option's value? Do not round intermediate calculations. Round your answer to the nearest cent. Use only the values provided in the problem statement for your calculations.